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Appleby's Cayman office has expanded its global funds and finance teams with the appointment of funds and finance specialist Ian Gobin as a partner.

Gobin (pictured) is returning to the Cayman Islands, having spent 11 years with Walkers as an associate and then a partner between 2001 and 2012.

He joins Appleby's Cayman office as a partner this week.

Cayman office managing partner Bryan Hunter says: "Ian's appointment is excellent news for our corporate practice, particularly on the funds side of the team, and is a further demonstration of our commitment to the Cayman market. He will also provide further strength to our fast-growth CLOs team. Ian was heavily involved in CLO 1.0, acting for most of the New York based arrangers, as well as collateral managers across the US."

Gobin arrives back in Cayman following a bumper year for CLOs with Appleby clearly demonstrating its lead role in the market, closing around 30% of all 2012 deals.

Gobin says: "It is a really significant time to be joining the corporate practice here in Cayman. My combined practice experience advising on a range of funds and structured finance deals complements the current team. We are already working on a number of market-significant deals and structures. 2013 certainly looks to be getting off to a strong start.”